Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 21.56%
June 30, 2024 21.52%
March 31, 2024 22.26%
December 31, 2023 22.33%
September 30, 2023 24.51%
June 30, 2023 23.72%
March 31, 2023 24.01%
December 31, 2022 24.44%
September 30, 2022 24.18%
June 30, 2022 24.17%
March 31, 2022 23.53%
December 31, 2021 23.00%
September 30, 2021 23.29%
June 30, 2021 23.40%
March 31, 2021 24.76%
December 31, 2020 23.56%
September 30, 2020 23.46%
June 30, 2020 31.75%
March 31, 2020 23.99%
December 31, 2019 24.28%
September 30, 2019 23.74%
June 30, 2019 22.05%
March 31, 2019 22.68%
December 31, 2018 23.24%
September 30, 2018 23.67%
Date Value
June 30, 2018 23.03%
March 31, 2018 23.40%
December 31, 2017 23.33%
September 30, 2017 23.58%
June 30, 2017 22.81%
March 31, 2017 22.16%
December 31, 2016 23.84%
September 30, 2016 23.72%
June 30, 2016 22.28%
March 31, 2016 22.63%
December 31, 2015 21.50%
September 30, 2015 22.94%
June 30, 2015 24.41%
March 31, 2015 24.45%
December 31, 2014 25.27%
September 30, 2014 26.21%
June 30, 2014 24.35%
March 31, 2014 23.53%
December 31, 2013 23.44%
September 30, 2013 25.23%
June 30, 2013 24.40%
March 31, 2013 22.85%
December 31, 2012 24.98%
September 30, 2012 25.99%
June 30, 2012 23.83%

Gross Profit Margin Definition

Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

21.52%
Minimum
Jun 2024
31.75%
Maximum
Jun 2020
23.89%
Average
23.64%
Median

Gross Profit Margin (Quarterly) Benchmarks